16.3 C
New York

Tag: NFT marketplace

RHT Rajan Menon Foundation presents Gentle Bones Charity Concert on 22 July 2022

SINGAPORE, May 29, 2022 - (ACN Newswire) - Local singer-songwriter Gentle Bones will return to the stage for a good cause in collaboration with RHT Rajan Menon Foundation...

Top News

LBank Exchange will launch Innovation Zone for better user experience

LBank Exchange is an innovative crypto assets trading platform with 6.4 million global users. Since the start of its journey, LBank Exchange has...

SugarLand Announces Project Launch

New York, NY, Apr 27, 2022 - (ACN Newswire) - SugarLand, a Binance Smart Chain based community-curated metaverse marketplace, has announced the...

UREEQA Brings Validation-as-a-Service to the NFT Marketplace

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

ONTARIO, CA, Apr 15, 2022 - (ACN Newswire) - UREEQA, a leading digital validation company helping creators to protect, manage and monetize creative work, has today announced the launch of its new Validation-as-a-Service (VaaS) solution, designed to tackle NFT fraud and protect NFT creators.

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

Certainly, any solution will involve validating a creator's identity. However, Ureeqa was conceived of the notion that it was as important to validate the authorship and ownership of every creation as well, a factor lacking in current NFT marketplaces, most of which focus on the ease with which creative pieces can be initialized and sold.

UREEQA's unique platform fixes this by employing its VaaS solution to generate a Package-of-Proof(TM) and a Responsibly Minted(TM) NFT, which come together to serve as evidence that the creator and the creation have been authenticated and are legitimate.

"The initial exchange models were adopted by NFT marketplaces on the fly, hurried and so demand-focused that it enabled bad actors to take advantage of the situation," UREEQA CEO Kirk Fergusson said. "Efforts need to be made to curb the abilities to perpetrate fraud as easily in the first place. Then, we have the answer with a patented process and blockchain-based solution that can be integrated into most NFT platforms."

UREEQA's revolutionary system -- which has been tried and tested by renowned artists on the company's own marketplace -- is a creator-centric hybrid approach to validation and IP protection. The platform's patented validation process enables verification via a centralized model, while generating a Package-of-Proof on the blockchain for anyone to see in decentralized fashion.

Any ETH-based NFT sales platform can integrate the core components of the UREEQA platform into their marketplace, just like that. And so too can any auction house or creator association.

Participating marketplaces can visibly delineate creations that have gone through this thorough assessment process -- highlighting the extra steps that creators have taken to instill confidence amongst prospective purchasers.

"Building scalable world-class NFT marketplaces to address early adopter demand has taken considerable effort over the past year," Fergusson added. "At UREEQA, we've spent the last 18 months building a validation solution designed to support creators first and foremost -- and this patented technology is now available to NFT marketplaces to eradicate fraud and instill trust in the creations they're offering through their platforms. By leveraging our VaaS solution, NFT marketplaces can quickly work to stamp out fraud while preparing their marketplaces for broader mass market adoption."

About UREEQA

Established in Canada in 2020, UREEQA is modernizing the inefficient and bureaucratic systems currently in place for copyright protection. By building a robust and compelling Package-of-Proof(TM) for source creative work, UREEQA only mints Validated NFTs to represent creative rights. This helps keep buyers safe by giving them confidence that the work they are purchasing was minted by the smart contract approved by the creator of the work and is therefore authentic.

The UREEQA platform strives to protect creators' work, their rights and their revenue by harnessing the power of blockchain technology. UREEQA provides value and opportunities for its creators, validators and token holders via URQA, the token at the heart of the UREEQA ecosystem. For more information on UREEQA and upcoming announcements, please visit our website, join our Telegram channel and Discord server, and follow us on Twitter, Instagram and LinkedIn.

- Website: https://www.ureeqa.com/
- Discord: https://discord.com/channels/756566642418384906/824682437417369654
- Instagram: https://www.instagram.com/ureeqa_inc/
- LinkedIn: https://www.linkedin.com/company/ureeqainc/
- Telegram: https://t.me/UREEQA
- Twitter: https://twitter.com/UREEQA_Inc

Disclaimer:
Statements in this article, including any statements relating to UREEQA's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in technology development and commercialization. As a result, actual results may vary materially from those described in the forward-looking statements. Do your own research!

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comUREEQA, a leading digital validation company that helps creators protect, manage and monetize creative work, today announced the launch of its new Validation-as-a-Service (VaaS) solution, designed to tackle NFT fraud and protect NFT creators.

Jump.trade to Launch P2E Cricket Game NFT Drop on April 22, 2022

console.debug('TRINITY_WP', 'Skip player from rendering', 'is single: , is main loop: 1, is main query: 1');console.debug('TRINITY_WP', 'trinity_content_filter');Press Release: Meta Cricket League is a...

ZooKeeper dApp to Launch on Avalanche

zoo-x-avax-2

Press Release: Yield-farming dApp ZooKeeper is launching on Avalanche on the 3rd of April, enabling users to take advantage of both networks by cross-chain transferring their $ZOO tokens, and ZooNFTs.    4th April 2022, GENEVA, Switzerland — ZooKeeper is delighted to announce that its dApp is officially coming to the Avalanche network. ZooKeeper is the […]

The post ZooKeeper dApp to Launch on Avalanche appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz - World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Adding LOOKS to your portfolio? Here’s why you should think twice

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass AdoptionLooksRare catapulted to fame as the rival NFT marketplace treading on OpenSea’s toes. While critics have taken aim at it for the volume of wash trading it allows, LooksRare has something that OpenSea users have been wanting for a very long time: a native token. Looks like a catch You might be tempted to ignore […]
Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

APENFT Marketplace Makes NFT Drops in the TRON Ecosystem Accessible

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass AdoptionPRESS RELEASE. Singapore, Singapore / Mar 26, 2022 / — APENFT Marketplace aims to lower the entry barrier for users through a new NFT market and build new forces in the TRON community by issuing exclusive Genesis NFT badges live on March 31. As an essential art foundation in the TRON ecosystem, APENFT’s goal […]

LG’s New Business Plans Include Blockchain and Crypto

The electronics giant is likely to introduce Smart TVs that can allow viewing and buying of non-fungible tokens.

5 Top Web 3 Crypto For High Profits – March 2022

Web 3.0 focuses on decentralization and cryptocurrencies are decentralized by definition. This is why cryptocurrencies are inextricably linked to Web 3.0, and experts anticipate that [...]

5 Top Web 3 Crypto For High Profits – March 2022

Web 3.0 focuses on decentralization and cryptocurrencies are decentralized by definition. This is why cryptocurrencies are inextricably linked to Web 3.0, and experts anticipate that [...]

Madonna Enters Metaverse With a New Bored Ape NFT Bought for $560K

The "queen of pop" Madonna is the latest artist to acquire a Bored Ape NFT valued at more than half a million dollars.

After the Bell Panel Discussion Hosted by Mankoff Company Set to Feature Bricktrade and British Blockchain Association

  LONDON: March 23, 2022: The Mankoff Company, a leading FinTech marketing firm, is pleased to announce its latest After the Bell panel discussion, featuring a panel with Adi Ben-Ari, Founder & CEO, Applied Blockchain; Aleks Nowak, CIO & Chief Listings Officer, BlockEx; Guv Kang, Founder, Bricktrade; Lavinia D. Osbourne, Founder, Crypto Kweens NFT Marketplace; […]

The post After the Bell Panel Discussion Hosted by Mankoff Company Set to Feature Bricktrade and British Blockchain Association appeared first on Crypto-News.net.

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

Recent articles

spot_img